Wednesday, November 30, 2011

Word of the Day: Insurance

Insurance is a financial instrument with an expected negative rate of return. If not, the insurance companies couldn't make money. But the customers are willing to pay for that to guard against the large negative event that has an extremely large negative utility (bankruptcy, penury). Car insurance. Auto insurance. Home insurance. Renter's insurance.

What type of female abs do you prefer? (see January archive)

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